Tommy Flanagan’s Post

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Editor of Faultline, from Rethink Technology Research

❌ DEAL OFF ❌ Harmonic has confirmed that current market conditions do not support value creation objectives for the video business, following a drawn-out strategic review process that began back in October 2023. The company will not entertain lowball offers from private equity firms, and gives the usual spiel about driving future profitable growth by focusing on scalable market opportunities, streamlining operations, and optimizing cost structure. In other words, major structural changes to come at Harmonic, once NAB Show 2024 is done and dusted, starting with Nimrod Ben-Natan as new CEO. Faultline will follow up with a deep dive following next week's meeting with Harmonic in Las Vegas 🎲

Mark de Jong

CEO @ Axello, Chairman @ CDN Alliance: Your contact for innovation, technology, business, and strategy for CDN, OTT, Streaming Media, and Infrastructures

7mo

Sounds like a round of lay-offs to me 🙄

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